The Acting Spokesperson for the Coalition of Aggrieved Customers of the defunct gold dealership company, Menzgold, Ezekiel Annoh, has identified the financial sector cleanup as the primary cause of the New Patriotic Party’s (NPP) defeat in the 2024 elections.
According to him, many of the affected customers were NPP supporters who felt abandoned by the government.
Speaking in an interview on Adom FM’s morning show Dwaso Nsem, he stated, “The number one reason why the NPP lost massively was because of the financial sector cleanup exercise that happened under their administration. The issue of Menzgold was a big factor. Many of our members are NPP supporters, and they were not happy with how the government handled the situation.”
He revealed that the coalition consists of over 50,000 people whose lives have been severely affected.
“Life is treating us very badly, and it’s not pleasant at all,” he lamented.
Mr. Annoh further disclosed that more than 200 customers have died, with many others battling severe health conditions.
In his view, the NPP’s loss was particularly significant in the Ashanti Region due to the unresolved Menzgold crisis.
He admitted to convincing some Menzgold customers to either vote against the NPP or abstain from voting entirely.
“I was able to convince some people to vote against the NPP or not vote at all because of how the government treated us,” he revealed.
As someone who previously campaigned for the Free SHS policy, Mr. Annoh said he was disappointed with the NPP government’s response to their plight.
“I personally campaigned for Free SHS and convinced people to vote for the NPP, but I also managed to convince them to vote against the party because they didn’t treat us well regarding the Menzgold issue,” he said.
He described the situation as a betrayal, especially for die-hard NPP supporters like himself.
“We pleaded with the NPP government, but all our efforts fell on deaf ears. In the end, we decided to revenge at the polls,” he added.
When asked about reports of some Menzgold customers allegedly being paid secretly, Mr. Annoh dismissed them as mere rumors.
Mr. Annoh further advised the National Democratic Congress (NDC) to learn from the NPP’s mistakes and take the Menzgold issue seriously if they want to avoid a similar fate.
“The NDC should take a cue from this and be careful with the Menzgold issue. They should also address other financial sector problems the NPP left behind, or they will suffer just like the NPP did,” he warned.
The customers have been calling for government intervention to retrieve their locked-up investments since Menzgold ceased operations in September 2018. They have repeatedly demanded a government bailout to help them recover their funds.
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